Powered by: Motilal Oswal
2024-12-12 09:28:36 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative comments 12 December 2024 By Anand James, Geojit Financial Services

Below the Quote on Technical Views from Anand James, Chief Market Strategist, Geojit Financial Services

 

Nifty outlook:

While it has been very encouraging to see 24530 offering firm support, the distribution seen on each attempt to clear the 24650-700 region is fast eroding the prospects of the 25262- 25600 move. We continue to expect a consolidation, or a slow decline to 24420/380. More time spent under 24600 could improve the prospects of bulls regrouping. - Read more

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here